Delinquency rates on subprime auto loans are at records One of the cylinders in the U.S. economic engine is causing some sputtering.  Since the pandemic, buyers on auto-dealer lots have encountered surging sticker prices and smaller incentives from automakers to lessen the blow. To afford an automobile, more consumers, especially lower-income families, have resorted to […]

When Tesla Inc. designer Franz von Holzhausen announced that his team would reconfigure the signature pop-out electronic door handles that had been criticized as a safety hazard, it was a rare admission that the company needed to adjust and improve a long-standing product. “The idea of combining the electronic one and the manual one together […]

General Motors’ finance chief predicts car shoppers are going to come to dealer lots with a new question: “Where was this vehicle built?”  That is because in President Trump’s new tax law, car buyers can qualify for a tax deduction on interest from car loans used to finance the purchase of vehicles assembled in the U.S. […]

The consumer economy is cooling and car prices remain vastly higher from just a few years ago. But there is little sign that high car prices at dealers’ lots are weighing heavily on overall sales trends, according to the head of auto lending at JPMorgan’s consumer and community bank. Despite the dual sting of more than three […]

Editorial Board The Senate voted 51-44 on Thursday to free Americans from California’s onerous electric-vehicle mandate. This is a real Liberation Day, and the voters who re-elected President Trump won’t fail to notice when he signs the resolution. Feel free to rev your engines in approval. If Gov. Gavin Newsom hears it loud enough, maybe he won’t […]

More than a century before Tesla rolled out its first cars, the Baker Electric Coupe and the Riker Electric Roadster rumbled down American streets. Battery-powered cars were so popular that, for a time, about a third of New York’s taxis were electric. But those early electric vehicles began to lose ground to a new class […]

The Wall Street Journal Editorial Board The times they are a changin’, especially on progressive climate dogma. On Thursday the House voted in strong bipartisan fashion to overturn the EV mandate the Biden Administration let California impose on the rest of America. The vote was 246-164 for a Congressional Review Act (CRA) resolution to repeal […]

May 13, 2025 – To say it’s an unprecedented time in Washington for the auto industry is an understatement. While much attention has rightly been paid to the Administration’s tariffs on imported autos and auto parts (more on that below), there are also major legislative efforts underway RIGHT NOW on important dealer priorities. Now is […]

After negotiations, companies paying Trump’s car tariffs won’t also be charged for other levies

You sell and deliver a new car to a customer. The customer trades a used car worth $18,000, promising he will bring you the title next week. Next week comes, and you do not receive the title. You finally discover the trade is co-owned by the customer’s brother who has no intention of signing the […]